THE POLITICS OF FINANCIAL SERVICES LIBERALIZATION: THE CASE OF THE CANADIAN INVESTMENT DEALER INDUSTRY

HARRIS, STEPHEN L.

POLICY STUDIES JOURNAL, n.º 3/1998, pág. 526

1. Theoretical underpinnings: Politics and economics of interests and regulation. a) Regulatory capture. b) Some final theoretical considerations. 2. The case study of canadian liberalization. a) The stimulus forchange. b) The OSC hearings: The industry-regulator debate. c) The ingredients shaping the OSC decision. d) The industryreaction to the OSC decision. e) Another impulse for change:a new chairman of the OSC. 3. The Policy Change. a) DecisionI: The first slice. b) Decision II: Phased but total liberalization. 4. Conclusion.